Deal numbers
- Est. cap rate
- 9.3%
- Assumed rent, all units
- $13,960/mo
- Units
- 4
- Price per unit
- $225,000
- Est. annual NOI
- $83,760
- Expense assumption
- 50%
Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.
Run your own numbers
Adjust the assumptions to see cash flow and cash on cash return.
- Effective gross income
- $159,144
- Operating expenses
- $79,572
- Net operating income
- $79,572
- Annual debt service
- $53,890
- Annual cash flow
- $25,682
- Cash on cash return
- 11.4%
- Down payment
- $225,000
Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.
Property details
- Type
- Quadruplex
- Bedrooms
- 4
- Building size
- 1 sqft
- Lot size
- 7,305 sqft
- Year built
- 1920
- Stories
- 2
- Garage spaces
- 0
- Heating
- Electric
- Cooling
- None
- Pool
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 246742603
About this property
Motivated Seller! This original Historic Victorian 2 story features four spacious units: all four units consist of 1 bedroom and 1 bath. Located in the highly desirable area of Pico/Union district. Conveniently located near the LA Convention Center, Crypto Arena, USC, Fashion Dist to name a few. Close to major freeways and shopping.
Location
1415 S Union Avenue
Los Angeles, Los Angeles, CA, 90015